Vapi, a San Francisco, CA-based developer platform for deploying Voice AI agents, raised $20m in Series A funding.
The round was led by Bessemer Venture Partners with participation from Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz.
The company intends to use the funds to expand its engineering team, scale its infrastructure, and reach new enterprise customers.
Founded in 2023 by Jordan Dearsley (CEO) and Nikhil Gupta (CTO), Vapi provides a flexible API and developer platform that enables customers to scale to handle millions of calls using voice agents in a couple of weeks.
Recognizing that every business has its own unique workflows and integrations, Vapi takes a developer-first approach. It provides APIs for engineering teams to design custom conversation flows, integrate their CRMs and EHRs, and incorporate Vapi’s voice agents into existing enterprise telephony systems.
Since its launch, Vapi has scales to millions in revenue within its first six months. The company has partnered with businesses across various industries—including finance, healthcare, and travel. Customers include Mindtickle, Luma Health, Ellipsis Health, and Gestionadora de Créditos.